Commission proposes increase in funds for Romania and Bulgaria

In a communication due for publication Wednesday, the European Commission proposes that the pre accession funds for Romania and Bulgaria should be increased by twenty percent in 2004. The year of reference for this calculation is 2003. This could rise up to forty per cent in 2006.

The increase in funds is made possible by the re-allocation of the pre-accession assistance of the ten current candidates that are to become members in 2004.

Enlargement commissioner Günter Verheugen spo...